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A housing crisis worse than Toronto's

A housing crisis worse than Toronto's

A vacancy rate that has hit rock bottom, ever-rising rents, and a back-and-forth between the city and the province over how to fix the problem. No, we’re not talking about Toronto. Or Vancouver. . The capital of PEI is dealing with a vacancy rate...

10/3: Canada Covered

July 4, 201914m 28s

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Show Notes

A vacancy rate that has hit rock bottom, ever-rising rents, and a back-and-forth between the city and the province over how to fix the problem.

No, we’re not talking about Toronto. Or Vancouver. We’re talking about Charlottetown.

The capital of PEI is dealing with a vacancy rate lower than 1 per cent, and rents in some cases have doubled. We look at what’s driving the problem, what measures people are taking to be able to afford rent, and what solutions are being looked at.

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